Re: Buy the DIP, and HODL!

those who sold there bitcoin in panic due to the dip was never investing in bitcoin for long time, rather there focus was on short term to make quick money, because if they where investing in bitcoin for long term I don't see why they we panic and sell of their bitcoin's, a real investors who is investing in bitcoin for long term will never panic when bitcoin dip, because it is something he or she is use to, bitcoin dumpling and pumping is a normal thing in the market, which anyone that investing in bitcoin for long term is suppose to be aware of before now.

Those who panic have no long term plan, they have no confidence in Bitcoin. Maybe they had short-term plans, wanted to make huge profits in a short period of time. We know that if you want to make a profit by investing in Bitcoin, you need to plan for the long term. Don't be disappointed, you can't succeed in investing in Bitcoin if you are disappointed. If someone sells bitcoins now, they may regret it in the future. If you want to invest in Bitcoin, you need to be able to hold the investment in any situation. An emergency fund should be kept, not invested more than you can afford to lose. Don't panic, invest in DCA method for long term.

There is no certainty that long-term investment will be successful. But compared to short-term investment, the risk in long-term investment is much less. In the case of long-term investment, you do not need to worry about small declines. Remember one thing, Bitcoin is very volatile. If the market dumps, it will pump, or if the market rises, it will dump. This can be for a short time or for a long time. So you do not have to worry much about long-term investment. Because you will invest, keep your investment period for 2 to 3 circles.

Even though we know that nothing is certain, from what we have seen so far, long term is the best way to achieve success in Bitcoin investment. Those who bought Bitcoin in 2011 and held today are already smiling because the collected Bitcoin at giveaway prices and are rich as we speak. Let me give you a clear explanation of the power of long term HODL. The average wage for the US worker in 2011 is $7.5 per hour and the average price of Bitcoin then was $30 dollar, this means that an individual need to work for four hours to earn 1BTC then and for someone working nine hours per day, he can earn enough money to earn 1BTC daily or 1BTC weekly if he does not want to be too stressed. Today the average pay is $28.16 according to google, which means that an individual need to work for four months to earn 1BTC at that hourly pay.

If you do the same calculations for other years, you will see it clear that the longer you HODL, the better it becomes which shows that long term investment is the way to success in Bitcoin investment.

Those who invested in Bitcoin around 2011 but never thought that they would hold up for a long time. They basically accepted it at any time if he could make a good money But we see in the phase of the long day of Bitcoin Something prudent Individuals invest in Bitcoin in 2011 and have kept it so far because they want to cross the 2-3 three eras in this family. Why do you think you keep Bitcoin in a narrow time Suppose you do a good job and get one money after 30 years Then you are all the income families in life and Spending on diversion work and natural disasters because you are getting a good amount of money at the end of the job that you can live for the rest of your life. So some prudent people invest in Bitcoin in line with this cycle and leave for a few decades so they have to spend a long time Then get a huge amount of money and that money meets the economic shortage in their last age.